Classic Financial & Insurance Services Inc

Item 5: Fees and Compensation
 Method of Compensation and Fee Schedule
  ASSET MANAGEMENT
  The fees for these services will be based on a percentage of Assets Under Management as
  follows:
        Assets Under Management               Maximum Annual Percentage of Assets Charged
            Up to $499,999.99                                  1.10%
         $500,000 to $999,999.99                               0.90%
       $1,000,000 to $2,499,999.99                             0.70%
       $2,500,000 to $4,999,999.99                             0.60%
           $5,000,000 and Up                                   0.50%
  This is a tiered or breakpoint fee schedule, the entire portfolio is charged the same asset
  management fee. For example, a Client with $750,000 under management would pay
  $6,750 on an annual basis. $750,000 x .90% = $6,750.

  The annual fee may be negotiable. Our firms' fees are billed on a pro-rata annualized basis
  quarterly in arrears based on the value of your account on the last trading day of the
  previous quarter. Fees will generally be automatically deducted from your managed
  account*. As part of this process, you understand and acknowledge the following:
  a) The custodian calculates, processes, and reflects all fee deductions on your regular
     account statements. Your independent custodian sends quarterly statements to you
     showing all disbursements for your account, including the amount of the advisory fees
     paid to us;
  b)You provide authorization permitting us to be directly paid by these terms;
  c) We send an electronic fee request to the independent custodian at the same time we
     send the fee notice to you;
  *In rare cases, we will agree to direct bill Clients.
  **The legend urges the Client to compare information provided in their statements with
  those from the qualified custodian in account opening notices and subsequent statements
  sent to the Client for whom the adviser opens custodial accounts with the qualified
  custodian.
  From time to time, we may also utilize the services of a sub-adviser to manage Clients’
  investment portfolios. We will enter into sub-advisor agreements with other registered
  investment advisor firms. When using sub-advisors, the Client will not pay additional fees.
  The sub-advisors’ fees are included in the fees charged by us.

                             Classic Financial & Insurance Services, Inc.

Clients may terminate their account within five (5) business days of signing the Investment
Advisory Agreement for a full refund. Clients may terminate advisory services with thirty
(30) days written notice. For accounts closed mid-quarter, the Client will be entitled to a
pro rata refund for the day’s service was not provided in the final quarter. Client shall be
given thirty (30) days prior written notice of any increase in fees, and Client will
acknowledge, in writing, any agreement of increase in said fees.
SEI Mutual Fund Models Program and SEI Funds
For the SEI Mutual Fund Models program CFS charges an annual investment advisory fee
as noted in our fee schedule above. The annual fee may be negotiable.
Each SEI Fund pays an advisory fee to SIMC that is based on a percentage of the portfolio's
average daily net assets, as described in the mutual fund’s prospectus. From such amount,
SIMC pays the sub-advisor(s) to the fund. SIMC’s fund advisory fee varies, but it typically
ranges from .10% - 1.50% of the portfolio's average daily net assets for its advisory
services. Affiliates of SIMC provide administrative, distribution and transfer agency
services to all of the portfolios within the SEI Funds, as described in the SEI Funds’
registration statements. These fees and expenses are paid by the SEI Funds but ultimately
are borne by each shareholder of the SEI Funds. If a Client invests in a model available
through the Mutual Fund Models Program, the Client will be charged the expense ratios of
each of the SEI Funds included in the applicable model. Clients may have the option to
purchase certain SEI investment products, including the SEI Funds, that SIMC recommends
through other brokers or agents not affiliated with SIMC. Clients may also pay custody fees
to SEI Private Trust Company (“SPTC”) when their assets are custodied at SPTC. These fees
will vary depending on the account balance and trade activity in the account. Clients can
refer to their account application for specific information on SPTC custody fees.
We receive compensation as a result of a Client’s participation in SIMC’s programs. For
assisting Clients in selecting appropriate Mutual Fund Models, Managed Account Portfolios
or Custom Portfolios in accordance with the terms of CFS’s advisory agreement. Our fee will
be calculated quarterly on the Client’s Account balance and payable quarterly in arrears net
of any income, withholding or other taxes. Our fee is separate from and in addition to SIMC’s
Investment Management Fee described above. Our fee and SIMC’s Investment Management
fee will be deducted by SPTC directly from the Client’s account. We do not have the ability
to directly deduct our advisory fee from the Client account.
Clients may terminate their account within five (5) business days of signing the Investment
Advisory Agreement with no obligation. For accounts closed mid-quarter, we will be
entitled to a pro rata fee for the days service was provided in the final quarter. Client shall
be given thirty (30) days prior written notice of any increase in fees. Any increase in fees
will be acknowledged in writing by both parties before any increase in said fees occurs.
Lower fees for comparable services may be available from other sources.
ERISA PLAN SERVICES
The annual fees are based on the market value of the Included Assets and will not exceed
0.75%. The annual fee is negotiable and will be charged as a percentage of the Included
Assets. Fees may be charged quarterly or monthly in arrears or in advance based on the
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Item 7: Types of Clients
 Description
  We primarily provide investment advice to individuals and high net worth individuals.
  Client relationships vary in scope and length of service.
 Account Minimums
  We do not require a minimum to open an account.